Iranian MPs Laud Launch of New Phases of Southern Gas Field

News ID: 1384092 Service: Economy
فاز‌های آماده افتتاح پارس جنوبی - عسلویه

TEHRAN (Tasnim) – More than 200 Iranian lawmakers praised the coming into operation of the new phases of the giant South Pars Gas Field in the southwestern port city of Asalouyeh.

In a statement read out in an open session of the parliament on Wednesday, the legislators hailed the concurrent inauguration of five phases of the South Pars Gas Field, tapping into of the oil layer of the gas field, and launch of four petrochemical projects on Sunday, April 16, as “a golden page” in the history of the Islamic Republic.

The achievement proved the competence and capabilities of the Islamic Establishment under the hardest conditions created by cruel sanctions against the country’s oil industry, the statement read.

The South Pars Phases 17, 18, 19, 20 and 21 were inaugurated by Iran’s President Hassan Rouhani on Sunday.

Iranian Oil Minister Bijan Namdar Zanganeh said three other phases of the gas field are planned to become operational and get connected to the national grid by the end of the current Iranian year (March 2018).

Zanganeh also said that after the coming into service of the remaining phases, the country’s daily gas production would rise to 800m cubic meters, surpassing that of neighboring Qatar.

The South Pars gas field, whose development has been divided into 24 phases, is located in the Persian Gulf straddling the maritime border between Iran and Qatar.

It is estimated that the Iranian section of the field contains 14 trillion cubic meters of gas and 18 billion barrels of condensates in place.   

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